Tamar Business Park, Pennygillam Industrial Estate, Launceston

Kivells Commercial

Commercial Lettings

Annual Rental Of £13,500

Reference:

CO00004476

Units 3 and 4 are located on the Tamar Business Park in Pennygillam Way which runs through Pennygillam Industrial Estate. This is the principal industrial estate for the town of Launceston and is ideally located adjacent to the A30 on the outskirts of the town. The A30 is the main arterial route through the county of Cornwall providing convenient vehicular access to the rest of the county, Exeter and the M5 to the east. The estate has a range of local, regional and national businesses.

DESCRIPTIONMid and end of terrace business units located in a courtyard development. The units are steel framed construction with brick elevations at ground floor and profile cladding to first floor. The offices are centrally heated.

ACCOMMODATION (NIA) Entrance into:-

UNITS 3 & 4 GROUND FLOOR(Excluding Lobby to First Floor)

General Office Space providing 116 sq m (1,248 sq ft)

Server room providing 9.22 sq m (99 sq ft)

TOTAL - 125.22 sq m (1,347sq ft)

There is a lobby area leading to the first floor unit which is currently let.

LEASE TERMSThe premises are available on an full repairing and in...read more

Units 3 and 4 are located on the Tamar Business Park in Pennygillam Way which runs through Pennygillam Industrial Estate. This is the principal industrial estate for the town of Launceston and is ideally located adjacent to the A30 on the outskirts of the town. The A30 is the main arterial route through the county of Cornwall providing convenient vehicular access to the rest of the county, Exeter and the M5 to the east. The estate has a range of local, regional and national businesses.

DESCRIPTIONMid and end of terrace business units located in a courtyard development. The units are steel framed construction with brick elevations at ground floor and profile cladding to first floor. The offices are centrally heated.

ACCOMMODATION (NIA) Entrance into:-

UNITS 3 & 4 GROUND FLOOR(Excluding Lobby to First Floor)

General Office Space providing 116 sq m (1,248 sq ft)

Server room providing 9.22 sq m (99 sq ft)

TOTAL - 125.22 sq m (1,347sq ft)

There is a lobby area leading to the first floor unit which is currently let.

LEASE TERMSThe premises are available on an full repairing and insuring lease. It is envisaged the lease will be of approximately six years duration with a rent review at the third anniversary.

The lease will be contracted out of the Security of Tenure provisions of Part II of the Landlord and Tenant Act 1954.

The rent is payable quarterly in advance on the usual quarter days and the Lessee will be responsible for the reimbursement of insurance premiums paid by the Lessor for protection of the structure. The Lessee will also be responsible for payments of outgoings including business rates.

SERVICE CHARGEA service charge of £1,650 plus VAT will also be payable.

INGOINGThere will be no ingoing for the premises, but the Lessee will be responsible for payment of the Lessors legal fees in drawing up the lease, subject to a maximum of £1,000 plus VAT.

EE RATING Band C.

SERVICESMains electricity, gas, water and drainage.

RATEABLE VALUE£11,000 per annum with effect from 1st April 2010. (source: www.voa.gov.uk)